Globally, the rate at which auditors are been sanctioned for negligence and even outright collusion on financial statement misrepresentation continues to be on the increase. This situation remains unabated despite the establishment of various statutory regulations, standards and guidelines. Yet, investors both private, corporate and institutional continues to rely on the audited financial statement with adverse conquences resulting to substantial financial loses. This situation now calls for additional sources of information that would enhance the quality of corporate investment decision. This study investigated the impact of organizational structure on corporate investment decisions in selected listed manufacturing firms in Nigeria. The study adopted survey research designs with a population of 54 listed manufacturing firms in Nigeria. Purposive sampling technique was used to select 510 respondents from a sample frame of 34 companies. A structured questionnaire was used to collect data validated using Cronbach Alpha with Coefficient ranging from 0.772 to 0.907 with 97.2% response rate. The data was analyzed and validated using descriptive and inferential statistics. The study found organizational structure had significant influence on corporate investment decisions (R2 = 0.361, β=0.674 , t (484) = 16.522; p<0.05). The study concluded that organizational structure influences corporate investment decisions for different stakeholders in selected listed manufacturing companies in Nigeria. The study recommended that investors and decision makers alike should consider and monitor the adopted organizational structure in addition to the audited financial statement when embarking on corporate investment decisions.
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