Does Islam Allow Men to Beat their Wives?

In regards to gender relationships, a single Verse is perhaps the most widely misunderstood in the Holy Quran regarding men and women. The Verse States: "Men are in charge of women by right of what Allah has given one over the other and what they spend for maintenance from their wealth. So righteous women are devoutly obedient, guarding in the husband's absence what Allah would have them guard. But those wives from whom you fear arrogance - first advise them; then if they persist, forsak...