This article presents an analytical study carried out to investigate seismic response of a lightly reinforced stiff shear wall structure subjected to ground motions classified as near- or far-field. A five-story lightly reinforced shear wall model structure that has been studied both experimentally and analytically in the context of a coordinated research project has been employed. Several response parameters were obtained by linear and nonlinear analyses under a suite of 55 ground motion records on firm soils. Additional analyses are performed to investigate the validity and range of applicability of the most widely used approximate displacement based analysis procedures. The approximate procedures considered are found to be deficient in representing the actual response of the structure employed here regardless of the type of excitation.