I think this is a proxy for a lot of culture. "Enterprise," bureaucracy, trust, social status of developers, corporate IT mindset vs. Silicon Valley mindset.
I work at a big company. We are public. We have groups that handle PCI data. We have groups that handle HIPAA data. We all have root on our Macbooks. So it is definitely possible, even as a Serious Business with compliance requirements, if you care enough about developer experience to make it happen.