Successful job seekers often find that the job description they have been given is misleading. This article in the Harvard Business Review makes the point that this is detrimental because a disgruntled employee is unlikely to perform well. Additionally, it quickly becomes known on social media that this is an employer to avoid.
I would also say that the converse is true. A candidate who lies on their CV will not thrive, and quickly gain a reputation as someone not to recruit.
The article is here