High-resolution HeI photoemission spectroscopy (UPS), Mn 2p-3d resonant photoemission spectroscopy (RPES) and Mn 2p X-ray absorption spectroscopy (XAS) have been performed to investigate the electronic structure and its effect on the electrical resistivity in (La1-zNdz)(0.46)Sr0.54MnO3 (z = 0, 0,2, 0.6 and 1.0). It was found that in the UPS and RPES spectra the Fermi edge persisted over the temperature range 15 less than or equal to T less than or equal to 340 K regardless of the magnetic structure or the composition of the samples. The density of states at the Fermi level [N(E-F)] in the samples where 0 less than or equal to z less than or equal to 0.6 was increased drastically at the Curie temperature (T-C) with decreasing temperature, but essentially kept unchanged across the Neel temperature (T-N). A fairly large reduction at T-C and a small increase at T-N in the electrical resistivity with decreasing temperature are found to be well accounted for in terms of the temperature dependence of N(E-F). The presence of a finite N(E-F) in the insulating Nd0.46Sr0.54MnO3 was also found. Thus the origin of the insulating behavior in this sample can be regarded as the Anderson localization associated with the small density of states and the chemical disorder between Nd and Sr.