By applying a molecular orbital perturbation approach, we calculate the for
mation rates for singlet and triplet molecular excitons associated with int
ermolecular charge-transfer processes. It is found that the interchain bond
-charge correlation has a strong influence on the relative probabilities fo
r generating singlet and triplet excitons. Most importantly, application of
our approach to a model system for poly(paraphenylenevinylene) shows that
the ratio between the electroluminescence and photoluminescence quantum yie
lds generally exceeds the 25% spin-degeneracy statistical limit.