there's no doubt that a benevolent dictatorship is the best form of government, but i dont think any dictatorship has ever been benevolent (though if we consider corporations in capitalism as dictatorships - and i do - you do tend to see a few that are close to benevolent, but they are so few that they're merely a rounding error in the total number of corporations). democracy ofc has its flaws, and direct democracy is nothing more than mob rule, but direct democracy isnt the only kind. whats important about democracy is that it works only with the consent of the governed, the people have the right to retract that consent any time; non-democratic regimes dont have that option. democratizing corporations is the same as democratizing government, there are many different ways to do it, and each one can decide the specifics of it however they want. there is no "right" answer, but just as there should be a set of limiting rules for government and its laws (like the idea that the majority shouldnt be able to oppress minorities simply for being minorities), so to should there be a set of universal rules that should apply for democratized corporations. as for what those rules are or should be, i have no idea, i cant think of every possible situation and loophole that might occur, so those could only be found out over time, as they arise.