Electronic structure of epitaxial Co films on Pd(111) has been investi
gated as a function of the Co overlayer thickness, by using angle-reso
lved photoemission spectroscopy (ARPES). It is found that experimental
band structures for Pd(111) and work functions for Co/Pd(111) agree r
easonably well with the results of band structure calculations. Compar
ed to Pd(111), valence band ARPES spectra of Co/Pd(111) support the ex
istence of the induced magnetic polarization of Pd atoms near the inte
rface, suggesting large hybridization between Co 3d and Pd 4d states n
ear the interface.