I think from the examples (players) OP gave, people are mixing high back lift with raised bat stance.
High back-lift is something that's associated with shot making - before hitting the ball, from where the bat is coming from. Players like Lara, Sobers, Sehwag, Mark Waugh, Sanga, MoYo, Ganguly, Zaheer, Mazid Khan, Tiger Pataudi, Ian Chappel, Grineedge ..... actually starts their bat swing well above the shoulders & they swing the bat with full extended elbow, like a Golf Tee. The first batsman with glorious high back-lift & golf like free swing was probably Victor Trumper - some of the still photos taken 100+ years back actually indicates that. That was, in an era, when batting technique was limited to high elbow, steady head, foot in line, toe to the direction .....
Sohail, Gooch, Zulu, VK (Inzi as well) had a stance with their bat raised - but not necessarily their back-lift was high, while playing shots. On contrary, Tendulkar had a fantastic stance with perfectly balanced feet position & bat stuck to his left toe - but, his bowlers back on drive often had 360 degree swing of bat, starting from above right shoulders, finishing at left shoulders. Someone like Lara used a full bat swing from top of his shoulders, even for a dead bat forward defense. Opposite to that was Ravi Shastri, but Shastri had a raised bat stance.
Position of bat at stance comes from better balance - how the batsman is comfortable on his stance & how quickly it allows him to get him into position. High back-lift comes from the type of wicket batsmen are groomed & how quick their reflex is, and how fast they can bring the bat to striking line with the power of their wrist. Previously PAK & WI players had the highest back lift (Rohan Kanhai used to sweep with a full bat swing from top of shoulders, while Zaheer's in side out cover drives were like a full stress in side out forehand top spin of a Tennis player) - now PAK batsmen are Azhar Ali model. Unless domestic wicket changes - it'll go down to Saqline or Mongia model in short time; Umar Akmal's change in batting technique over 8 years should be indicative enough.