Abstract
A new tight-binding band calculation is presented for the layer compound boron nitride which correctly describes the widths of both σ and π bands. The binding energy and wave function of the B 1s2p core exciton are studied. The core exciton is found to be small and bound by the medium-range part of the core-hole potential. Its binding energy far exceeds the interlayer band dispersion at the conduction-band minimum. Its incomplete π-like polarization is found to be due to a small admixture of B σ states from adjacent layers into the A1 final state.