Regardless of the type and size of the organization, they are confronted with both external and internal factors as well as impacts which create uncertainty in regards to achieving certain goals. The risk management of the company is determined by both how well risks are perceived and the intra-organizational interaction of workers under the influence of cultural values that may affect perceptions and attitudes towards risk management. Being an important element of the corporate governance system of any company, effective risk management allows for the acceleration of the decision-making process. The growth of competition during the unstable economic situation in the world takes a special character, which forces the company to look for new opportunities to optimize the risk management process and to offer its own ways of improving the performance of the company. Emotional intelligence can become a promising tool for developing a risk culture, primarily in those areas of business where the human factor plays a great role. The application of international standards and best practices in light of emotional intelligence will increase the company's stability in the market and achieve its goals.