By using a semiempirical self-consistent tight-binding scheme we study the
effect of O and CO chemisorption on the Co(0001) surface magnetization. Sim
ilar calculations are performed for the CO13 and Co-55 clusters of high sym
metry. The CO molecule in the atop position, but not in the bridge geometry
, is effective in local magnetization quenching. In clusters magnetic phase
transitions are observed as the Co-CO separation varies. When the separati
on is more than about 1.8 Angstrom, the Co magnetization remains strong. Th
e character of phase transitions conforms to the formal predictions based o
n the Landau theory. [S0163-1829(99)10705-7].