Please suggest me variables I can opt for to measure the managerial agency cost.
Providing papers is more than welcome
There are plenty of papers you can follow. Few suggestions are given below.
https://academic.oup.com/rfs/article-abstract/20/4/1087/1618137
Article Managerial Ownership and Agency Conflicts: A Nonlinear Simul...
https://www.jstor.org/stable/3665795?seq=1#metadata_info_tab_contents
http://finance.wharton.upenn.edu/~sarig/sarigo/agency.pdf
https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1475-679X.2008.00268.x
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