I tend to be right of center, but I deplore today's executive compensation rates. I still recall that my Dad's take-home as CEO was less than the shop foreman's. 
Without shareholder profits, the would not be capital investment to grow and expand a business. No funds for that new high tech startup. 
Sometimes (not always) it is in the public's best interest to support industry. They provide jobs, services, and through these jobs & services, tax revenue. But in general, I'm not in favor of corporate welfare.