I suspect if a reliable and comprehensive study were conducted by experts between small and larger high end audio companies, the results would be a draw in terms of which can deliver the best sounding solution and larger companies would win statistically in terms of providing higher quality and value overall and offering lower risk overall for most.
The caveat would be I think if small companies from the far east, like mhdt for example, were properly included, teh smaller companies would do better in terms of value but still present a risk in that finding the good smaller companies can be a challenge to find reliably.
Also I think results might skew somewhat more back towards smaller vendors if the scope were limited to those vendors who break the norm and deliver solutions geared around high efficiency speakers and smaller amps, often tube based.
The caveat would be I think if small companies from the far east, like mhdt for example, were properly included, teh smaller companies would do better in terms of value but still present a risk in that finding the good smaller companies can be a challenge to find reliably.
Also I think results might skew somewhat more back towards smaller vendors if the scope were limited to those vendors who break the norm and deliver solutions geared around high efficiency speakers and smaller amps, often tube based.