Not sure either of those would work.

I don't think companies would want to spend money for weapons, nor the cost of training employees to use them, nor the liability of what happens if they are used and any ensuing results. They want the police or government to simply take care of it, and they spend no money at all. Unless that happens, it's probably less cost to simply accept piracy as a cost of busienss.

For the reward to capture or off a local elder, that just opens up a spot for another person to fill in.