In ETABS, shell or area element has two types of stiffnesses i.e. Inplane stiffness refers as f11, f22 and f12 and out-of-plane stiffness refers as m11, m22 and m12. Refer to the below Figure which shows the direction of local axes and their corresponding stiffnesses: For shear wall (both piers and spandrels), the flexural and axial behavior is modified by either f11 or f22 depending on the orientation of the local axis and the shear behavior is controlled by f12. In column and code terms f11 or f22 would correspond to modifications of EI or EA and f12 would correspond to modifications to GA shear. The code recommendations in Section 10.10 of ACI 318 code are related to slenderness effects where flexural deformations govern so they have recommended modifying EI (corresponding to f11 or f22 for shear walls). There is no recommendation about reducing the GA shear.