Codetermination may help societies weather exogenous shocks, such as COVID-19, by creating a mechanism through which firms and employees can take coordinated action.

Giving employees voting power in corporate decision-making processes may help mitigate conflicts at the source. During periods of upheaval that tend to pit the interests of corporations against employees, such as COVID-19, codetermination allows employees to influence and mediate corporate responses, potentially reducing the amplitude of conflicts causes by such shocks.

theoretical