Understanding codetermination solely as an instrument to protect employees or to improve corporate governance and/or performance fundamentally underestimates its potential contribution to society.”

“However, this Article argues that understanding codetermination solely as an instrument to protect employees or to improve corporate governance and/or performance fundamentally underestimates its potential contribution to society. The impact of codetermination goes far beyond mere economic concerns. Specifically, this Article demonstrates that codetermination can serve as a mechanism to protect the democratic process by curbing excessive corporate power.”

theoretical