Since the implementation of the Belt and Road Initiative (BRI), Chinese firms have actively responded to the government’s call to accelerate outward foreign direct investment (OFDI). Based on resource dependence theory and institutional theory, this study investigates the impact of corporate social responsibility (CSR) on the speed of OFDI under BRI and its boundary conditions. The results show that CSR can promote the speed of OFDI under BRI because CSR can help a firm accumulate strategic resources, including external benefits such as a good corporate image, and internal resources such as human capital and dynamic capabilities, and thus enhance legitimacy in host countries and its ability to resist potential risks. We also find that both state ownership and CEO political connections weaken the positive effect of CSR, and if the firm is in the key provinces or key industries of BRI, the positive relationship between CSR and the speed of OFDI under BRI will decrease. Our study contributes to the literature on international business and provides suggestions for firms participating in BRI.

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In this study, nonhomogeneous Poisson process (NHPP) models arising from the extreme value theory have been fitted to summer high temperature extremes (HTEs) at 359 meteorological stations over China. The seasonality and six prominent atmospheric teleconnection patterns in Northern Hemisphere are incorporated in the NHPP models reflecting the non-stationarity in occurrence rate in Poisson process of HTEs. In addition, Poisson regression model has also been applied to link HTEs and teleconnection patterns. The linkages of HTEs and teleconnection patterns have been identified in both NHPP modeling and Poisson regression. Composite maps of differences of 500-hPa geopotential height and wind fields in the positive and negative phases of teleconnection patterns are constructed to show the impacts of atmospheric circulation patterns on extreme heat events. The spatial pattern of the associated anticyclonic or cyclonic circulations with teleconnection patterns partly explains the spatial variability of the occurrences of summer HTEs over China.