No, it does not. If it's not running, it's merely a file in the file system. If an attacker manages to restart your system with this kernel, he has already full control over the system anyway.
RHEL6 Keeping 1 old kernel and security
No, it does not. If it's not running, it's merely a file in the file system. If an attacker manages to restart your system with this kernel, he has already full control over the system anyway.