Well I had it happen to me. It is a very unpleasant situation certainly. The one thing that was said about my actions was that I should have taken control earlier. Unfortunately as a fairly new FO (less than 1 year jet at the time) I was reluctant.
Without going into too many details (I was PNF) the aircraft was getting higher and higher and ignoring my hinting the very senior pilot listened to me finally when I called Go around (high/fast A/C intercepted 6 degree glide which I called) a few times with increasing urgency. Subsequent botched G/A I had to take control from. Unpleasant. I ended up with 'fast hands' from me in the flight deck to sort it out, rather than having taken control earlier which would have been better all round.