By allowing employees to elect a significant portion of corporate directors, codetermination can play a similar role as that of the Constitutional separation of powers.

“Allowing employees to elect a sizable portion of corporate directors in large corporations imposes an effective check on the power of shareholders and managers. Thus, codetermination plays a role that is broadly similar to that of the Constitutional separation of powers. Codetermination does not seek to limit corporate growth. Rather, it helps to ensure that large corporations use their resources responsibly and do not undermine democracy. By “democratizing” decision-making within large corporations, codetermination protects and strengthens the democratic political process outside corporations.”

theoretical


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