Not sure I understand your connection between nationalized corporations/SEEs and republics. We do have a fair amount of countries with more than just sharehold

Not sure I understand your connection between nationalized corporations/SEEs and republics. We do have a fair amount of countries with more than just shareholder representations in boards, for example. That said, assuming that just extending democratic norms (TBD) into corporations will help - not sold, why would large and potentially uninformed decision making help?