A publicly traded company that is beholden to shareholders, analysts, finance folks,... Who really don't give a fuck about the game, who only looks at numbers... will behave differently from a privately run company (or a subsidiary of a public company but given free reign by the parents). Look at GGG versus blizzard. The former, while having lots of issue and have an expensive cosmetic-based pricing model, generally are willing to look long term and make adjustments along the way to preserve what they perceived as the "core" of the game, even at the expense of short-term sale lost. A publicly traded company can almost never afforded the same kind of freedom. Earnings fall below what analysts predicted for 2 quarters straight? Unless you're Elon musk, good luck keeping your C job. Hence, not all corp behave like blizzard. Publicly traded company do.

Another great example is valve corporation. They're a privately held corp and therefore run their games pretty much however they want. Artifact crashed and burn to the ground? Literally disregard and move on. DotA underlord have 0 revenue generation? Literally support it continuously for a year without having a dime of revenue from the game speicifically yet. They can afford to do it, because there is no shareholders (but Gabe), or analysts who'd hound on their ass.