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Cost Control and Profitability: Evidence from Listed Industrial Goods Companies in Nigeria

High increase in costs associated with running a business in Nigeria have become a major concern, as this has resulted to business closures, and relocation of industrial goods firms to neighboring countries, where operational costs are comparatively lower than that of Nigeria. Therefore, implementing cost control measures in industrial goods companies is essential to monitor and reduce expenditures to levels that support profitability. This study therefore, examined the influence of cost control on profitability of listed industrial goods companies in Nigeria. The study uses an ex post facto r…