It depends on what you mean by research. If I'm preparing to interview someone, I always make time to review their resume so I can get a better sense of their overall background. For example, multiple candidates may have applied with similar skill sets but the experience of working at say, a financial company is going to be different than in a marketing or PR firm. That additional industry context can actually be an advantage for some candidates, and it helps me identify what follow-up questions are valuable to ask related to fit. If I'm unfamiliar with a company listed on their resume, I'll usually take a quick look at the company website just to understand what industry it is. My goal isn't to research the company itself.
However, the listed skills are where I pay the most attention. I don't put much weight on where someone went to school, or even what their degree is in, but if they highlight specific skills directly relevant to the role? I will ask questions related to those skills to confirm they have the knowledge. If a candidate lists something on their resume and it becomes clear during the interview that it's not accurate, then that's a deal breaker. Sometimes it's not outright dishonesty, maybe they know so little that they overestimate what they do know, or maybe they knowingly exaggerated to land the interview. Either way, it's always better to be truthful.
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