This paper attempts to highlight various economic aspects like econophysics, thermoeconomics and phynance, their meanings, development and various ways through which they are applicable within the economics field. Econophysics signifies a research field which is interdisciplinary in form, applying methods and theories originally build up by physicists for the purpose of offering appropriate solutions to experienced problems within economics, especially those including nonlinear dynamics and stochastic processes or uncertainty. Thermoeconomics has been expressed as biophysical economics, a heterodox economics school which makes use of thermodynamics laws to economic theory. Some economists have viewed thermoeconomics as economic theory which comes up due to thermodynamics laws' application to economics particularly second law. As statistical physics regarding economic value, thermodynamics handles aspects regarding cost effectiveness. Phynance has been expressed as combination of the various aspects regarding physics and also finance for the purpose of offering appropriate explanations as well as solutions towards experienced financial problems.

Prior studies indicate that enterprise risk management has a vital role on firm performance. Enterprise risk management system helps organizations to reach their goals by reducing uncertainty of their operating environment. In this context, this study aims to discuss and analyze the concept of enterprise risk management in non-profit organizations. The term “risk” for non-profit organizations is defined and different types of risk are examined. The significance and need of managing risk in non-profit organizations are revealed.

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Within the scope of the study, bibliometric citation analysis technique, which is one of the qualitative research methods of the Journal of Finance and Finance Articles/Writings, which is an international refereed and academic journal, was examined and 159 articles in 29 1

This study seeks to delve into the depths of the behaviour of individuals and institutions in relation to finance and accounting and the end effects on markets performance. It is based on a research that digs up informations on the history, models and theories that sum up the whole concept. The research also seeks to determine the reliability of assumptions and neo classical thoughts of experts. Main relationships explored include consumers, market prices, attitudes and relationship between finance and accounting among others. The main topics explored throughout the article include models and counter criticisms. This article is thus geared towards shedding more light on these matters in the hope that a better understanding of the addressed topics will result in an informed and appropriate application of the same.