IMPACT OF FINANCIAL CONSTRAINTS ON FIRMS INVESTMENT DECISION MAKING IN NIGERIA
Abstract: Several investment decisions are made by organizations and firms without due analyses and end up causing such organizations or firms investment not to return its due benefits or rewards to the investor(s). To this end, the study is on the impact of financial constraints on firms investment decision making in Nigeria was carried out. Data were collected from one hundred and fifty (150) respondents being our sampling size to whom questionnaire were distributed for the study. Out of this a total of one hundred and twenty (120) were completed and returned which formed the total respondents with which our analysis were conducted and inferences arrived at. The findings of the study revealed that there is the need for finance, capital structure and liquidity of firms or organizations in making investment decisions as not to incur losses resulting from poor returns. Based on the findings the study recommended among others that the risks and return characteristics of any investment be put into consideration in making investment decision.