Boarding School Business Strategy and Its Impact on Independence Guided by Bank Indonesia West Sulawesi

Marlina Mashud (), M. Iqbal, Jusni Jusni and Dian Parawansa
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Marlina Mashud: Faculty of Economics and Business Hasanuddin University
M. Iqbal: Faculty of Economics and Business Hasanuddin University
Jusni Jusni: Faculty of Economics and Business Hasanuddin University
Dian Parawansa: Faculty of Economics and Business Hasanuddin University

A chapter in Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024), 2025, pp 1972-1978 from Springer

Abstract: Abstract This study aims to analyze and describe the business development strategy of pesantren and its impact on the pesantren’s independence, assisted by the West Sulawesi Province Bank Indonesia Representative Office. A quantitative approach was used, measuring the sustainability of pesantren businesses through three elements: human resources, comprising pesantren administrators, students, and surrounding residents, using observation, interviews, and evaluations. Data analysis was conducted using linear regression, correlation tests, and the determination coefficient to assess the relationship between objectives, benefits, and resources on the sustainability of pesantren business independence. The study results indicate that pesantren business development positively impacts pesantren independence in terms of resources and financial stability. Additionally, a psychological effect on the pesantren environment is observed among the surrounding community. However, the development of independence also negatively affects local residents’ autonomy, as some residents grow dependent on pesantren products and become less motivated to pursue their own businesses. This study suggests enhancing the pesantren’s human resource knowledge, particularly eco-green knowledge, to utilize and process surrounding resources through land cultivation, natural resource management, and marketing of the pesantren’s products.

Keywords: Pesantren Development; Business Independence; Sustainability; Eco-Green Knowledge (search for similar items in EconPapers)
Date: 2025
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DOI: 10.2991/978-94-6463-758-8_158

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