As a shareholder of many companies, I would be disappointed if the management team made decisions that disproportionately benefited employees at the expense of other non-employee shareholders.
Yeah, because you as the shareholder are worth more to the company and society than the people at the company.
The goal of most companies is to maximize returns to shareholders, not society or employees. If it wasn't that I wouldn't have invested.
I'm not saying that you're wrong, just implying that it's not right.
It's part of the social contract. Corps and limited liability don't have to exist - they aren't some natural thing, they are something we made up because its useful to society.
Once it stops being useful we can axe them.
Considering he paid to be a shareholder, and the company is paying the employees to be there, that makes sense.
Which is why—to invoke a cliché—the problem is the system, not individual people doing what benefits them inside the system.