Hi Sharic,
You are in principle right. As any restriction in any piping will give a resistance, this will of course also give a resistance and a reduction of flow. Here it would however, at a normal fluid speed in the pipeline, probably not be significant or measurable at all.
A question is also the nominal smallest throughflow opening of the valve, which could be much less than the nominal piping connection opening. Actual capacity of the valve is, as known, calculated on basis of pressure difference before and after the valve, and limited by max. acceptable velocity (speed limitation well below sound of air / noise limits) for the valve, thus giving the nominal necessary seat orifice of the valve.
Please also remember that the pressure on the seat (giving the lifting opening of the valve) is not dependent on the size of the connection. Only if the flow is considerably disturbed by a too restrictive opening will the capacity and operation be disturbed.
The main and most common operational disturbance of both PSVs and check valves is the other way around: a too large orifice, giving a 'gulping' action.