ABSTRACT
The nature of the liquidity and profitability correlation has been extensively studied in the scientific literature due to its inconclusive nature. Although it has been found that there is a trade-off between liquidity and profitability, there are studies that show a positive relationship. This study attempts to explain the differences by using CEO education to examine the moderation effects of these variables on the correlation between liquidity and profitability. The data used are secondary data from Thompson Reuters using the panel data regression technique. The sample in this study consisted of 60 companies in Indonesia consistently listed on the IDX for five years, 2015–2019, with purposive sampling as the sampling method, focusing on consumer goods companies. The results of this research revealed that there was a significant correlation between liquidity and profitability among consumer goods companies, but cannot confirm the moderating effect of CEO education level
