This notion of'prerogatives'
is usually derived from the ownenhip of private property (but for a clef'ence
of'prerogatives' which derives the notion from the 'nature of man' see O'Doanell
(1952)). Recently the whole idea of the existence of managerial'prerogatives' has
come under attack on theoretic:al grounds, and its alleged legal basis has also been
disputed. See Chamberlain (1958, ch. 12), and(1963); Y oung(1963); Chandler (I96f).