I just have a hardtime believing this could work. Corporations reflect militant hierarchy for a reason because effective decisions often cannot be made through consensus or utilitarian drivers. Corporations thrive when they are lead by profit incentives of executives who are beholden to profit incentives of liquidity/capital lenders.
You simply do not see a "collective" trade publicly.
This is identical to how privately owned companies are often run, especially family owned small businesses, which can be extremely successful.
Profit is at best a proxy for success, it is not a goal in itself.
In the UK for example, we have the John Lewis Partnership (10.5billion GBP revenue), Co-operative group (11billion GBP revenue), and many in the 50+ million revenue bracket like Suma Wholefoods.
We've also had many major public or private corporations rescued from collapse by worker co-operatives that were able to maneuver out of problems that the centralised organisation could not. See for example Meriden and National Express.
Also, many people's financial services are provided by building societies and other co-operatives. Many of the largest banks have been these kinds of organisations at least once. HSBC for example.
That's just in the UK - it would be astonishing if there weren't many more examples disproving your conjecture from every other country.