Abstract: The impact of enterprise intelligent development on enterprise executive compensation has attracted wide attention from all walks of life. By selecting the samples of China's listed companies, this paper measures the degree of enterprise intelligent development, and empirically tests the impact of enterprise intelligent developmenton enterprise executive compensation. The findings show that there is an inverted U-shaped relationship between enterprise intelligent development and executive compensation. The impact of enterprise intelligent development on enterprise executive compensation is more significant in the technology-intensive enterprises, enterprises with high R&D intensity, private enterprises, large scale intelligent enterprises, enterprises with higher human capital level, and enterprises with executives who are not core members. The enterprise intelligent development can influence executive compensation through the two channels of enterprise governance structure optimization and productivity effect, as well as the spatial spillover effect of intelligent technology. The enterprise intelligent development has narrowed the compensation gap between executives and ordinary employees, but widened the compensation gap between executives with different education background. The above-mentioned conclusions provide theoretical basis and policy suggestions for China to make better use of intelligence to achieve high-quality economic development and comprehensively promote the great rejuvenation of China with Chinese modernization in the new era.

Key words: enterprise intelligence, enterprise executive compensation, spatial spillover effect, compensation gap