A 2021 qualitative analysis finds that codetermination is an effective strategy for curbing corporate political power.

“But is codetermination an effective mechanism for constraining corporate power? That is the crucial question, and to answer it, this Article analyzes the mechanics, the strengths and the weaknesses of codetermination as a tool for protecting the democratic state. Our analysis demonstrates that, although we acknowledge some important drawbacks, codetermination works effectively toward the goal of curbing corporate power. Additionally, we show that the motivation for implementing codetermination influences the optimal design of codetermination laws; not all variations of codetermination are equally suited to the goal of curtailing corporate power.”

empirical