Not wholely true - they do accumulate influence, and will often dump influence starbases in other AOIs, but the latter usually - not always - have no modules attached so are useless anyway and only serve to extend range/annoy.
Its often useful to take out a minor race as part of a takeover strategy of another Race as the minors accumulate substantial influence points to prevent cultural takeover. When you grab them its like a Culture Bomb that rips apart the opposing Race AOI. A recent game I took a minor race with 204,000 influence points, on grabbing their planet, and paying cash for a political Capital (they are very cheap), the whole AOI of the surrounding race was blown apart and planets started to revolt.
Regards
Zy