FWIW if your setup is a bit crap (low BB, long cranks, high Q and sticky-out pedals) then you won't be leant over very far when you get pedal strike and if the strike is not too hard you may well be in a recoverable situation, with just a hop. However if you have a setup which provides more cornering clearance you are that much closer to the limit of grip when you get pedal strike and you are therefore more likely to come off, lowside. The rear wheel hops, and then slides when it lands instead of regaining traction.
Reatively small changes in bike setup/geometry can make for in excess of ten degrees more (or less) cornering clearance.
With fixed gear setups, you can usefully gain a bit more clearance if you lean whilst pedalling, much as tricyclists must do when cornering. However it is neither comfortable nor terribly efficient to do this.
cheers