The “right” info is the challenge. A company with >500 engineers will also have at keast that many sales, marketing, bizdev, legal, facilities, HR all put together. At least 1,500 people. And esch executive needs to handle communications laterally and from above. So “right” info is challenging to define from all the possible info. Good lower management will be able to prioritize necessary and useful information. Bad lower management will too, just with different ends in mind.
I don’t think I’ve seen good examples, except in stating that there’s a culture of transparency and inclusion and then not shooting the messenger that points out things that need improvement. Just describing that it’s not easy and likely not possible to get all of the right info, only some of it.