The magnetic properties of ruthenates with perovskite-derived structur
es, particularly (Ca,Sr)RuO3 and Sr2YRuO6, are studied within the cont
est of band-structure-based Stoner theory. First principles calculatio
ns are used to demonstrate that in all cases the correct magnetic beha
vior and order can be obtained without recourse to strong correlation
effects and that the insulating character of Sr2YRuO6 is reproduced. T
he different magnetic states of SrRuO3 and CaRuO3 are shown to be due
to the different structural distortions in these materials, most signi
ficantly the larger rotation of the octahedra in the Ca compound. CaRu
O3 is found to be on the Verge of a ferromagnetic instability. leading
to the expectation of giant local moments around magnetic impurities
and other anomalous effects in analogy with fcc Pd metal. Oxygen 2p-de
rived states hybridize strongly with Ru d states in all three compound
s, and O, through this hybridization. plays an unusually large role in
the magnetic properties. This involvement of O is responsible for the
strong magnetostructural coupling that is found in the calculations.
Transport properties of CaRuO3 and SrRuO3 are analyzed using the calcu
lated Fermiology. Unusually large magnon and paramagnon couplings are
found, which are consistent with reported measurements of the low-temp
erature specific heat and the resistivity coefficient.