That's fine on a personal level. Well, not fine but forgivable. In business, that's not acceptable. My reputation is impacted (was, technically, as I'm retired) by the acts of other people.
Lies, in business, is also known as fraud. That's not okay.
At the other end, I was very protective of my employees. If a client or vendor lied, our business dealing were over. More than once have I insisted we get someone else to work with and more than once have I terminated relationships with suppliers.
Dishonesty is forgivable in your friendships, even though it's still not very good. You can forgive someone you love. You can't as easily undo the damage caused by something like a vendor lying to an employee and the employee telling a client erroneous information based on that lie. I can't easily undo the damage done when an employee lies to a client.
It's not just about face, it's about minimizing harm to the business and doing what I can to keep everyone employed and making good money. My policy on honesty was well known and clearly vocalized.
You can call in and say you're going to go get drunk and play golf. It's still going to be a paid day off, so long as it isn't excessive. What you can't do is call in and claim your kid is sick when your kid goes to the same school mine goes to and hangs out with my kid. Just be honest.
Not to mention, I'm kind of baffled. Why would you want to work for someone that you can't be honest with?
Again, it's also okay to say its none of my business, that counts as honesty. Lies are willful and intended, by the way. Mistakes are absolutely forgivable, as is not knowing.
Maybe this will help? I employed a bit under 250 people directly. We had three offices on the eat coast and a satellite office in the Midwest. I never put out a help wanted ad, it wouldn't have done any good. The kinds of people I employed weren't looking for ads in help wanted sections. I often pulled people directly out of academia but many hires came from referrals and I'd make sure to provide any needed training.
That may explain the environment better. I'm not sure the policy works for others, but it worked for me. I sold and retired a decade ago. Even if it doesn't work for others, I'd not want to work for someone with whom I couldn't be honest.