Musa, HassanNwala, Maureen NnekaMusa, Abdullahi O.2023-12-102023-12-102014-03-03Nwala, N.M. et. al. (2014). DETERMINANTS OF INVESTMENT DECISION IN QUOTED MANUFACTURING COMPANIES IN NIGERIAhttps://keffi.nsuk.edu.ng/handle/20.500.14448/874This study examines the determinants of investment decision of quoted manufacturing firms in Nigeria. The study is necessitated by the fact that establishing the link between cash flow, firm size and capital structure will provide an insight into the activities of manufacturingf irms in Nigeria. The study collected data from thirteen (13) manufacturingf irm's annual financial statements. The data collected were analysed using ordinary least square regression. In all the sub sector analysis, it was found that cashflow and firm size are the major determinants of investment decision by manufacturing firms in Nigeria. Based on the findings, it is recommended that while cashflow can affect the investment decision of firms, it is also important that these firms take into consideration the type of capital structure they have before embarking on investment. A firm that is largely financed by debt capital will need to borrow more to carry out further investments which could consequently result in total control by outsiders.en: Determinants, Corporate Investment Decisions, Manufacturing Firms, Nigeria.Article