The core-level and valence-band spectra were obtained from high-resolution
X-ray photoelectron spectroscopy of the bulk glassy and crystalline PdxNi80
-xP20 (x = 20-70) alloys. Upon crystallization of glassy Pd40Ni40P20, which
exhibits the highest glass stability, a small change in chemical bonding i
s observed. This appears as a charge transfer from P atoms to Ni and Pd ato
ms. The level of chemical bonding between 1" and the metals seems to increa
se linearly as a function of x throughout the composition range. The densit
y D(E-F) of states at the Fermi level is significantly lower for the alloys
with respect to those of the d-band metals, in agreement with the Nagel-Ta
uc criterion for glass stability. However, its value is not the lowest for
the x = 40 composition which is most resistant to crystallization. The exis
ting electronic models are not fully adequate for explaining the high glass
stability of the Pd40Ni40P20 alloy.