"Debenture loans, the main financial resources of many limited companies during the 19th century, also offered the opportunity to transfer risk to stakeholders. Faced with obvious abuses, the legislative body tried to mobilize accounting as a tool of information for bondholders; the 1935 décret-loi finally left it in the shadows. This socio-historical research aims to reveal the socio-political issues related to accounting. Primary and secondary sources are used in order to obtain the triangulation specific to historical research. On an epistemological level, the concept of standard is used and refers to the theory of conventions, and more precisely to the works of Canguilhem and Foucault."